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The operator reported net income of $43.7m, a rise of 5%, while adjusted EBITDA was $311.6m, up 36%. During the period, Penn National paid $222.6m to real estate investment trusts under triple-net leases, an increase of 93%. Traditional debt decreased 2% to $2.45bn, with the operator attributing this to repayments under its senior secured credit […]

It’s a Sunday afternoon and the kick-off of the afternoon’s slate of games in the NFL is only minutes away. The beer is cold and the pizza has been ordered. A bettor in New Jersey can also hop down to an Atlantic City casino or racetrack and place a few bets on that afternoon’s games;

The operator sought approval to demolish part of its existing complex and construct a new 237-metre tower and podium, consisting of a 220 room, six-star Ritz-Carlton hotel, 204 residential apartments, a basement car park and a neighbourhood centre. The Department of Planning, Industry and Environment concluded the AU$529m (US$360.2m) proposal should be refused because it

The agreement will allow Fox Bet to build its brand through the 76ers’ traditional, digital and social media assets and custom home game promotions. Fox Bet branding will also appear on courtside and LED signs. Fox Bet will present game replays on the 76ers’ Twitter account and become the Presenting Partner of the 76ers’ radio

The deal grants the Swedish operator access to the Brazilian sports betting market ahead of expected online gaming regulation in the country. Betsson has acquired a 75% stake in Suaposta, with Founders Andre Gelfi and Fernando Correa retaining a 25% stake, remaining CEO and CFO respectively. Gelfi said: “We are delighted to announce this agreement

The supplier’s five-year agreement with the SPFL commences at the start of the 2020/21 season, which will see content provided to the international betting market. This deal covers the top four tiers of Scottish football, including the Ladbrokes Premiership. To support the partnership, IMG Arena has also signed an agreement with AI-automated sports production company

Sweden’s re-regulation – Owain Flanders Although the event of Sweden’s re-regulation occurred on a single day on 1 January, it’s something that has had a lasting and undeniably significant impact throughout the course of the year. As a result, Sweden has made consistent appearances in our headlines month after month, and for that reason it would

He said: “Creativity and branding is almost null and void in our vertical; when everyone is predominantly selling the same thing, it’s very difficult to have a creative stance that cuts through.” Behar is certainly not alone in sharing this opinion. It’s one I have heard repeated at multiple industry events from executives at every

The statements show tennis is moving in the right direction, albeit slowly, as there are some major positives to be taken from the pledge. Firstly, money is going into the events, there will be video recording, added security to deter unofficial data collection, as well as the appointment of on-site integrity protection personnel. These are

BetVictor, Betway, BoyleSports and Unibet have all signed the agreement, which sees ATR receive a share of turnover on all bets placed, as opposed to the previous pence-per-stream fixed amount model. The deal covers the delivery of streamed pictures and raceday data, delivered by ATR’s streaming platform, Sports Mediastream. Matthew Imi, At The Races CEO,